Michigan has given large tax breaks and subsidies to employers more often than any other state, according to a new report that tallies up state and local “megadeals,” or incentive packages worth more than $75 million.
Good Jobs First, which tracks subsidies that state and local governments give to companies, found that Michigan has given 29 such deals to employers in the past 35 years. The state gave Chrysler and General Motors separate deals worth $1 billion each in 2010 and 2009, respectively.
To read the original article: Megadeals: Tax Breaks, Incentives of $64 Billion Given to Businesses by States - Stateline
